industries manufacturing & service sectors section 4 MCQ Questions & Answers Detailed Explanation

Answer: (d)

Sunrise industries are industries which have high growth potential and meet future requirements of the economy.

Answer: (c)

A person having the debentures is called a debenture holder whereas a person holding the shares is called a shareholder. A shareholder subscribes to the shares of a company.

Shares are the parts of share capital. On the other hand, debenture-holders are the subscribers to debentures. Debentures are part of loans.

A shareholder or member is the joint owner of a company, but a debenture holder is only a creditor of the company.

Answer: (a)

Answer: (a)

1st July is celebrated as the establishment date of the State Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India.

SBI is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai.

It has assets of US$388 billion and 16,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.

Answer: (a)

Small Industries Development Bank of India is a non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises.

It was incorporated initially as a wholly-owned subsidiary of the Industrial Development Bank of India.

SIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.

Answer: (a)

MMTC Ltd., Metals and Minerals Trading Corporation of India, is one of the two highest earners of foreign exchange for India and India’s largest public-sector trading body.

Neelanchal Ispat Nigam Limited (NINL), is a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation of Orissa Limited (IPICOL).